“Digital health firm ABCD Technologies LLP, which counts top Indian drug makers as investors, has agreed to fully acquire Pharmarack, a healthtech platform that lets businesses automate sales and operations.”, reported the VC Circle. ABCD, now to be renamed as IndoHealth Services, is set to acquire nearly 92% stake in Pharmarack through its wholly-owned subsidiary, DigiHealth and shall undertake the business through one or more subsidiaries becoming the holding entity in the venture.
IndusLaw advised
Bathiya Legal represented
2021-04-01
Deal value: INR 111 crores (USD 15 Million approx)
This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.
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